"$100M private real estate fund that seeks to balance stable cash flow, forced capital appreciation, and accelerated/bonus depreciation tax benefits while maintaining a low overall risk profile versus other alternative assets. Fund III features six known assets in award-winning Indianapolis."

-Curtis Edwards, BAM Capital

Top Questions

All answers are provided by the sponsor, BAM Capital, or its representatives.

What is your investment strategy/business plan for the Fund?

Curtis Edwards, BAM Capital: "The strategy, or mandate, of Fund III is:"

• "Recapitalize six currently held, 1997-2008 built Class B+ to A assets."
• "Focus on upper workforce housing in suburban Indianapolis a nationally top performing market."
• "With a new capital stack, management can add significant value through a semi-major renovation and improvement program."
• "Forcing appreciation while simultaneously taking advantage of a long-standing Indianapolis market trend of steady rent growth."

"The Fund structure eliminates “single asset risk” through diversification. The expectation that one or two assets may significantly outperform projections further increases the likelihood of a higher overall return for investors."

"Since the assets for Fund III have already been identified, the capital raise period is very limited and is anticipated to be closed in Summer 2022."

What are the most important aspects of the fund for investors?

Curtis Edwards, BAM Capital: "Given the assets are among a current BAM Capital portfolio, the management team has the highest level of conviction in its ability to execute the business plan and deliver the targeted returns to investors."

"Unique qualities:"

• "Since these are known assets, BAM Capital already knows the organic and forced appreciation potential."
• "Several assets have had test units to instill confidence in semi-major renovations and improvement program."
• "BAM Management and BAM Construction are already in place which shortens the learning curve of a new property and allows us to immediately start on forced appreciation plans."

All answers are provided by the sponsor, BAM Capital, or its representatives.

"This offering may include projects that have been purchased from affiliates of the Sponsor. In that instance, the purchase price will be predicated on a valuation prepared by a third-party appraiser."

BAM Multifamily Growth & Income Fund III is offering Series A Preferred Units, as well as Series B Preferred Units (Fully Allocated). This offering page is for Series A Units, to see more information regarding Series B Units please click here and see PPM for details.